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Weinstein Co. files for bankruptcy

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The Weinstein Co. filed for bankruptcy and entered into an arrangement to sell its assets.

An affiliate of Lantern Capital Partners agreed to buy the assets after a failed bid by a group of investors led by former Obama administration official Maria Contreras-Sweet.

Weinstein Co. also announced it's canceling its nondisclosure agreements preventing victims of Harvey Weinstein from speaking out about their experiences.

Read more from NPR.

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